- BUY Infosys Ltd. Intraday Target 2,635 Stop Loss 2,583.
- SELL Larsen & Toubro Ltd. Intraday Target 1,238.
- SELL ICICI Bank Below 790 SL 800 TGT 755-725 (Positional).
- BUY State Bank of India Intraday Target 1,880 Stop Loss 1,820.
The Indian market opens for trade this morning on a subdued note despite steady global cues. Earlier, the US markets ended flat with the Dow up 60 and Nasdaq up 17 odd points while Asia is mixed at this hour. Sensex is trading at 16451, down 14 points from its previous close, and Nifty is at 4956, down 11 points. CNX Midcap index is up 0.3% and BSE Smallcap index is up 0.1%. The market breadth is positive with advances at 368 against declines of 163 on the NSE.
